Originally posted by The Big Dunn
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Comments Thread For: Top Rank Sues Al Haymon For Over $100 Million
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Originally posted by hitking View PostA quick Google search stated that while Haymon is worth about $15M, Arum is worth over $200M. So I really don't understand how Haymon is beating Bob in bidding wars.
Al Haymon is a manager. The promotional companies of the fighters are beating Top Rank in bidding wars.
Essentially what Arum is trying to do is piece the veil and prove that Al Haymon is behind the management and promotion of the fighters.
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Originally posted by boxingfan91 View PostCan someone explain how Chavez check was used against him? I didnt even know about a lawsuit against him
Advisors and managers are prohibited by the Ali Act from acting as promoters at the same time as it would be a major conflict of interest.
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Originally posted by Bardock View Post
Haymon is not only violating the Ali act, but also the sherman trade law and some other law having to do with business practices. Hes breaking the law, they just have to prove it in court.
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Originally posted by Beater_of_ass View PostI hadn't seen that first picture, I absolutely lost it when I read it. It literally says purse and Haymons company on the check... BWAHAHA!!!! I like PBC, it's boxing on free TV I don't want that to go away but this is just hilarious lmao.
Suit claims a manager paying "purse" is against Ali Act (which it is). #boxing
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Regarding the check photo in the Top Rank lawsuit vs. Haymon, CSAC reported purse at $2.5 million in April.
— Lance Pugmire (@latimespugmire)
So concerning the picture of the check. The bottom one was for the fight and the top one was an additional 1.7 from Haymon Sports LLC to Chavez Jnr Promotions
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